LJ
Level 2
‎05-25-2022 07:38 PM

I have a client who put 6,000 in a traditional IRA income too high to deduct - he then put in a back door

roth which has no income limits.  Cant  find the right spot to enter the back door roth

0 Cheers
Just-Lisa-Now-
Level 15
Level 15
‎05-25-2022 07:56 PM
You enter the non deductible IRA contribution. It lands on the 8606.

You enter the 1099R for the IRA distribution and scroll down the 1099R worksheet to the ROTH Conversion section.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Terry53029
Level 15
Level 15
‎05-26-2022 01:48 PM

Don't forget the pro-rata rule for back door Roth